I don't know how significant per capita GDP is anymore. While the economies of Singapore, Taiwan and HK are strong, their small population make their GDP higher than the most.Other countries with double, triple and quadruple population their GDP would be greatly diluted.

I don't know how significant per capita GDP is anymore. While the economies of Singapore, Taiwan and HK are strong, their small population make their GDP higher than the most.Other countries with double, triple and quadruple population their GDP would be greatly diluted.

Of course it's important. GDP per capita is an indication of how well a nation can feed its citizens.

It's like this. A guy who brings home $10,000 a month to feed a family of 3 is going to be a lotttttt richer than a guy who brings home the same amount of money a month to feed a family of 7.

Of course it's important. GDP per capita is an indication of how well a nation can feed its citizens.

It's like this. A guy who brings home $10,000 a month to feed a family of 3 is going to be a lotttttt richer than a guy who brings home the same amount of money a month to feed a family of 7.

Yes understand that when comparing a GDP of a nation that's 500 dollars compared to 30000. But when it comes to industrial nations such as Japan, Korea and Taiwan with difference of few hundred or thousand dollars, it becomes meaningless as many other factors come into play. That's what I meant. For those countries GDP numbers don't tell us anything. What's telling is national competitiveness, quality of life and number of other social and industrial indexes.

And smaller populous nation naturally have a higher GDP as there are more wealth to go around on average than countries that have lot bigger population spread over various provinces with people living in various means and conditions.